Brazil Poised to Become “Aquaculture Superpower” – Rabobank
When thinking of Brazilian agriculture, most people would probably first think of grain or beef production but aquaculture may one day be added to this list, according to Rabobank. Competing with the U.S. to be the world’s top meat producer and exporter, Brazil is expected to produce 33.7 million tons of meat in 2025/26, indicating a7.8 m
Read moreBrief: Newly Acquired NAPCo Appoints New CEO
The North Australian Pastoral Company (NAPCo) announced it has named Stephen Thompson as its new chief executive officer effective September 12. Thompson will succeed Nigel Alexander who has served as CEO for the company for the past 20 years. The announcement comes only months after Queensland Investment Corporation (QIC), the $78.5 billio
Read moreSlashed AU Milk Prices Force Dairy Farmers to Reduce Production
Australian farmgate milk prices have dropped to an unprecedented low in wake of the global oversupply, forcing many dairy farmers to reduce production levels and reassess their business plans. Leading Australian milk processor Murray Goulburn has reduced its price for the next season by more than 10 percent to A$4.31 a kilogram for milk sol
Read moreAgtech: A Farmland Investor Perspective [+PODCAST]
From expanding coverage in mainstream media to the growing number of innovators creating solutions designed to address agricultural and food challenges, the increasing momentum behind agtech is undeniable. Global AgInvesting’s deal activity data indicates that the number of capital deals involving agtech companies and the number of agtech in
Read moreArbor Investments Raises $890M, Closes Two Funds
Arbor Investments, a specialty private equity firm that focuses on backing companies in the food and beverage sectors and their related industries, announced it has closed its fourth fund, Arbor Investments IV LP at $765 million, and has closed its inaugural captive subordinated debt fund, Arbor Debt Opportunities Fund I LP (DOF) at $125 milli
Read moreAgribusiness in Brazil: Opportunity in the Midst of Turmoil
In recent years, Brazil stopped being one of the most exciting countries in the news, in terms of GDP growth and has become a risky and doubtful place for the international market opinion. This change was very clear when The Economist published in 2009 the famous cover “Brazil takes off” where Christ the Redeemer launches from the Corcovad
Read moreHershey Rejects $23B TakeOver Bid From Mondelez
A $23 billion half cash/half stock bid by Mondelez to take over chocolate rival, Hershey, has been rejected. Had the deal been successfully closed, it would have united the two candy giants that combined, have a market value of $90 billion, reports the Wall Street Journal. The merger of two of the world’s top five candy makers woul
Read moreExpanded Panama Canal Opens New Era for U.S. Commodities
Panama's President Juan Carlos Varela and Panama Canal Administrator and CEO Jorge L. Quijano oversaw the official inauguration ceremony marking the opening of the expanded Panama Canal on June 26. The $5.4 billion project is the largest expansion to the canal since its construction in 1914. After ten years, the project was completed two y
Read moreSenate Reaches Agreement on National GMO Labeling Bill
Only days before Vermont’s law calling for the mandatory labeling of GMOs is scheduled to become effective, the U.S. Senate Agriculture, Nutrition, and Forestry Committee has reached a bipartisan agreement on a national GMO labeling bill. The bill, which could pre-empt Vermont’s law that will take effect on July 1, was jointly announced
Read moreUK Agriculture Waits to Determine Effects of Historic Brexit Vote
Earlier this year, GAI News examined how a potential Brexit could affect UK agriculture and on June 23, in a historic vote, the UK decided to leave the European Union, with a 51.9% vote in favor of the decision. Strong reactions from global markets have seen the British pound (£) drop to the lowest value since 1985. And amidst David Cameron
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